Studds Accessories' Q1 FY 2026-27 Quarterly Results

Result Summary

• Studds Accessories Ltd reported a 1.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 13.8%.
• Its expenses for the quarter were up by 9.8% QoQ and 25.2% YoY.
• The net profit decreased 41.7% QoQ and decreased 39.3% YoY.
• The earnings per share (EPS) of Studds Accessories Ltd stood at 3.12 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Studds Accessories Ltd is a prominent company in the automotive accessories industry, primarily known for manufacturing and supplying helmets and motorcycle accessories. As a leader in its market, Studds is recognized for its innovation and quality in safety gear. The company operates in a competitive market, which demands high standards of safety and compliance with industry regulations. There is no available information on any recent major developments that may have impacted the company's operations or financial performance.

Revenue

The total income for Studds Accessories Ltd in Q1FY27 was ₹172.92 crores, showing a quarter-over-quarter (QoQ) increase of 1.3% from ₹170.74 crores in Q4FY26. Year-over-year (YoY), the total income increased by 13.8% from ₹152.01 crores in Q1FY26. This growth indicates an upward trend in revenue generation for the company over the past year. The positive QoQ change suggests a steady performance in terms of income generation from operations despite any challenges faced within the industry.

Profitability

Profitability for Studds Accessories Ltd has seen a decline in Q1FY27. The profit before tax (PBT) was ₹17.20 crores, which is a decrease of 40.5% QoQ from ₹28.92 crores in Q4FY26, and a 37.8% decrease YoY from ₹27.67 crores in Q1FY26. Similarly, the profit after tax (PAT) was ₹12.30 crores, showing a decline of 41.7% QoQ from ₹21.10 crores in the previous quarter, and a 39.3% decrease YoY from ₹20.25 crores in the same quarter last year. The earnings per share (EPS) for the quarter was ₹3.12, down from ₹5.36 in the previous quarter. These figures reflect a significant reduction in profitability metrics.

Operating Metrics

The total expenses for Q1FY27 were ₹155.73 crores, showing an increase of 9.8% QoQ from ₹141.82 crores in Q4FY26, and an increase of 25.2% YoY from ₹124.34 crores in Q1FY26. The tax for Q1FY27 was ₹4.90 crores, which has decreased by 37.3% QoQ from ₹7.82 crores and decreased by 34.0% YoY from ₹7.42 crores. Despite the increase in total income, the rise in expenses has impacted the overall profitability of the company, as reflected in the profit margins. The company's financial performance is marked by higher operational costs in this quarter compared to the prior periods.